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Trump announces 25 percent tariffs on cars, ramping up trade war | Donald Trump

US President Donald Trump has announced a 25 percent tariff for imported cars and auto parts, which is his latest sulfo in a medium trade war that led to tensions with partners and allies.

Speaking at the White House on Wednesday, Trump said that the definitions “will refuse” money from foreign countries that were “taking our jobs” and “taking our wealth”.

“They took out a lot of our country – a friend and an enemy. Frankly, friends were often worse than an enemy,” Trump said in the Oval Office.

“This is very modest.”

Trump, who has pledged to revive manufacturing in the United States, said “exciting”.

The White House said in the facts that the definitions that will bear in force on April 2 “protect and strengthen” the American auto industry, which it claimed “undermined excessive imports that threaten the American industrial base and supply in America.”

The White House said: “Foreign car industries, which are reinforced by unfair benefits and aggressive industrial policies, have expanded, while American production has stagnated.”

The White House said that importers who bring cars and spare parts under the United States, Mexico and Cananga agreement will have an opportunity to ratify a part of their United States -making products so that they only pay the customs tariff for “non -American content.”

Commerce

Trump Drue Swift Announcement Contentment and expressions of anxiety One of the main commercial partners, including the European Union, Canada and Japan.

European Commission President Ursula von der Lin said that the definitions will be “bad for companies” and “worse for consumers.”

Von der Layen said in a post on X.

Canadian Prime Minister Mark Carne This step was described as a “direct attack” on Canadian workers.

He said: “We will defend our workers. We will defend our companies. We will defend our country – and we will defend them together.”

Japanese Prime Minister Shigro Ishiba said his government would consider “appropriate measures” in response to the definitions.

“Of course, we will look at all options,” Ishiba said in Parliament’s statements. “The bottom line is that we must think about what will serve the national interests of Japan in the best way.”

Trump’s move is likely to cause a major disturbance in the global auto industry, including the North American market, where Car manufacturers in the United States, Mexico and Canada It has developed very integrated supply chains for decades of trade -free trade.

The definitions will be the “opposite winds similar to the industry” if it is implemented as planned.

“We still believe that this is a form of negotiation and this tariff may change by the week, although this initial tariff of 25 percent on cars from outside the United States is almost an irreplaceable scratch number for the American consumer.”

“We expect to learn more during the next week, but at the present time, investors will feel frustrated with this announcement with a few details … as it is difficult to digest the number of tariffs/25 percent.”

The US Automobile Policy Council (AAPC), which represents US car makers, GM, said that he is committed to increasing production in the United States and will work with the administration on “permanent policies” to benefit the Americans.

“It is important to implement the customs tariff in a way that avoids raising prices for consumers, which maintains the competitiveness of the integrated auto sector in North America, which has achieved a major success for the USMCA agreement,” Matt Planet, President of AAPC, said in a statement.

The United States imported $ 214 billion in passenger cars in 2024, according to the US Department of Trade.

Among the best auto exporters to the United States are many of the closest partners and allies in Washington, including Mexico, Canada, South Korea, Japan and Germany.

The shares of Japanese and South Korean car makers fell sharply on Thursday, after declines earlier in US car shares before Trump’s announcement.

Japanese Toyota, Honda and Nissan decreased between 1.86 percent and 3.35 percent from 01:45 GMT, while South Korea’s Kia Korea decreased by 2.27 percent.

Customs duties may also lead to high prices of cars for consumers, about half of their purchases come from abroad.

“The definitions imposed today will make the production and sale of cars in the United States more expensive, which ultimately leads to high prices, lower options for consumers, and a lower number of manufacturing functions in the United States,” Jennifer Savavian, President and CEO of Autos Drive America said in a statement answering Trump’s announcement.

The latest announcement of the Trump tariff comes less than a week before it was revealed More “mutual” definitions Targeting countries that are benefiting from the United States in trade.

On Wednesday, Trump seemed to go away on the severity of the upcoming definitions, saying that the measures would be “very lenient” and that people “were surprised”.

“In many cases, it will be less than the tariff that they have been shipping for decades,” he said.

https://www.aljazeera.com/wp-content/uploads/2025/03/AP25085737851846-1743034210_433c91-1743041757.jpg?resize=1200%2C630&quality=80

2025-03-27 02:49:00

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